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  #1  
Old 05-29-2008, 10:09 PM
Scav Scav is offline
Saratoga
 
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Default Vegas hurting??

I have never seen so many news stories about vegas pressing charges on people for having markers out, Reszco, Chicago's resident politician machine owes 800k now to three casinos.....Is this a product of Vegas being down on the year and calling on their loans or just a bunch of people trying to break a bad run?
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  #2  
Old 05-29-2008, 10:49 PM
Coach Pants
 
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Quote:
Originally Posted by Scav
I have never seen so many news stories about vegas pressing charges on people for having markers out, Reszco, Chicago's resident politician machine owes 800k now to three casinos.....Is this a product of Vegas being down on the year and calling on their loans or just a bunch of people trying to break a bad run?
It's kinda bad.
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  #3  
Old 05-29-2008, 10:50 PM
pgardn
 
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Quote:
Originally Posted by Scav
I have never seen so many news stories about vegas pressing charges on people for having markers out, Reszco, Chicago's resident politician machine owes 800k now to three casinos.....Is this a product of Vegas being down on the year and calling on their loans or just a bunch of people trying to break a bad run?
The Charles Barkley effect.
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  #4  
Old 05-30-2008, 06:46 AM
GBBob GBBob is offline
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Quote:
Originally Posted by Scav
I have never seen so many news stories about vegas pressing charges on people for having markers out, Reszco, Chicago's resident politician machine owes 800k now to three casinos.....Is this a product of Vegas being down on the year and calling on their loans or just a bunch of people trying to break a bad run?
just a slight clarification..they aren't just calling in markers from that sleazeball, he bounced $400K in checks to Ballys and Venetian
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  #5  
Old 05-30-2008, 07:37 AM
Scav Scav is offline
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Quote:
Originally Posted by GBBob
just a slight clarification..they aren't just calling in markers from that sleazeball, he bounced $400K in checks to Ballys and Venetian
It was on Channel 2 news. they didn't say that. Pacman and Barkley didn't bounce the checks, they just didn't pay them.....I just have never seen them go to the media like they have recently.....
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  #6  
Old 05-30-2008, 07:42 AM
GBBob GBBob is offline
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Quote:
Originally Posted by Scav
It was on Channel 2 news. they didn't say that. Pacman and Barkley didn't bounce the checks, they just didn't pay them.....I just have never seen them go to the media like they have recently.....
http://www.dailyherald.com/story/?id=199478&src=109

The former top fundraiser to Gov. Rod Blagojevich now faces a Las Vegas arrest warrant accusing him of bouncing $450,000 in checks for gambling debt at Caesars Palace and Bally's. An additional $331,000 in gambling debt at the Bellagio also came to light Thursday.



This is where the bounced reference came from, although I had the casinos wrong
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  #7  
Old 05-30-2008, 04:52 PM
ELA ELA is offline
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Bouncing a check and not paying a marker are two routes ending in the same place I would guess. I don't have any idea if there is a difference legally, but that's not the issue. What are they going to argue about -- "intent"??? BS.

Aside from that, "hurting" is not the reason they are stepping up their efforts to collect.

Eric
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  #8  
Old 06-18-2008, 11:39 PM
JJP JJP is offline
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Las Vegas Sands, Wynn and MGM are all getting destroyed by the economy. Until the economy gets out of the toilet, those stocks are doomed.
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